Global Trade Alert
Global Trade Alert

South Africa: Industrial Development Corporation provides a ZAR 785 million loan to Foskor (Pty) Ltd

Announcement

31 Mar 2025

In March 2025, the Industrial Development Corporation (IDC) of South Africa disclosed a ZAR 785 million loan to Foskor (Pty) Ltd.

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Mar 2025

Revocation date:

No revocation date

Updated: 28 Sep 2025
State loan In force

Recent update from 28 Sep 2025:

On 31 March 2025, the Industrial Development Corporation (IDC) of South Africa announced a "trade finance loan" of ZAR 785.02 million (approximately USD 42.84 million) to Foskor (Pty) Ltd. The IDC ...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.